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Monthly Archives: April 2023

Quick Quiz Questions About the TSP

04/28/2023
This week’s quiz for federal employees focuses on the Thrift Savings Plan (TSP) UPCOMING TSP WEBINAR [ays_quiz id=”54″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that ... Read More

Understanding Hazard Pay for Federal Employees

04/27/2023
A quick look at the rules and restrictions surround hazard pay for the federal workforce. This article is for feds who are paid by the General Schedule (GS), not those who are paid under the wage system, although they do ... Read More

Retiring Feds Should Think Twice About Moving to a State Without Income Tax

04/26/2023
Retiring from federal service? If you’re thinking about moving to state with no income tax, make sure you read this first! By: Katelyn Murray, CFP®, ChFEBC®, FBS®, CFT-1™, ECA – By Katelyn Murray- Retirement planning can be a challenging and ... Read More

OPM Operating Status Change: Will Feds Be Returning to the Office?

04/26/2023
OPM announced it will be formally removing the COVID-19 operating status on May 15th. Back in March of 2020, a government-wide operating status was put into effect by OPM when the pandemic first struck. It allowed federal agencies to maximize ... Read More

TSP Expense Ratios Remain High After Modernization

04/25/2023
The total expense ratio for the TSP hit 7.6 basis points (or, 0.076% of the invested amount that the account holder pays for managing the investments) in 2021, and from what information is available, seems to have dipped to 0.069% ... Read More

How New Jersey and Pennsylvania Tax the TSP

04/24/2023
TSP Participants Living in New Jersey and Pennsylvania Should Be Aware on How Their Traditional TSP Withdrawals Are State-Taxed Edward A. Zurndorfer – Most federal employees are familiar with the tax benefits associated with the traditional Thrift Savings Plan (TSP). ... Read More

Weekly Quiz for Feds: TSP, FERS, and Taxes

04/21/2023
Our 53rd weekly quiz is about recent TSP performance, FERS history, and Taxes COMPLIMENTARY FERS WEBINAR [ays_quiz id=”53″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that ... Read More

NASA News: The Next Astronauts to Visit the Moon

04/20/2023
The Artemis II Crew was announced earlier this month. Meet the federal employees who will take humanity back to the moon after 5 decades. On Monday, April 10th, at NASA’s Johnson Space Center in Texas, the four-man crew for the ... Read More

Missteps to Avoid if You Want to Optimize Your Retirement

04/19/2023
In-depth explanations for items 8-10 (and the bonus item) from Jen’s second series of lists. Jennifer Meyer, CFP© Hello again readers. Thank you for joining me for the final installment of “Ten More Easy ways to ruin a Federal Retirement.” ... Read More

Five Important Facts to Remember About CSRS

04/18/2023
The Civil Service Retirement System – here’s a list of fast facts that you should keep in mind. Welcome to part two of our series of “listicles.” We’ll be going over 5 key points to remember for several areas of ... Read More